Lithium Related Media Articles, page-11848

Wish it was that easy but aussie labour costs will prove prohibitive to on shore value added processing, mining services companies now are experiencing real problems with wages and this is starting to show up in companies AISC which are really blowing out and coupled with higher input costs atm like diesel etc many companies that shareholders think are raking it in will in fact be very close to marginal.

Aussie wages and small volumes have killed many a manufacturing industry in this country, no one has an answer re a solution.

Watch reporting season for our miners to see how margins are being chewed up dramatically, some posters profit calcs on some threads are off with the fairies, LTR might find it easier to simply process the spod and ship it out than worry about a processing plant and all that can go wrong, the high prices for spod, are an input into the hydroxide plant and thus it reduces the margins as the finished product must ultimately have a ceiling for manufactures because clients can only pay so much.

Just my thoughts on an interesting next 5 weeks of reporting season and it’s implications for LTR going forward.

Rayda